Yesterday’s close for NYSE Group (NYX) was significant as it was just under $100 and also a distribution day. And today, NYX is continuing to show downward momentum as it has fallen another 2% trading around $97.50 currently. The market’s bearishness has weighed on this stock and many others, but it is important to lay [...]

Today’s movement puts Las Vegas Sands (LVS) under a key support lines. Also look at the volume on the stock, today is set to be a distribution day. Next support is around the 50 day moving average, or the blue line at around $85. Keep a close eye on LVS.

Today the NASDAQ has a low of 2,401.93, which if you view the chart below you can see how the index is nearing its 50 Day Moving Average and key support line:

If this is broken then the market will be in some trouble, as falling through this support would be a very bearish sign. So, [...]

View the chart and you can see the headline’s truth on Apple Computers (AAPL). Apple is about even on the day right now, trading on volume of just over 3 million, but is now well under the 50 Day Moving Average (50 MA). Apple joins stocks like Google (GOOG) and other leaders that have broke [...]

You actually could probably compare the last 13 minutes of trade (it is 9:43 AM EST) to road runner the cartoon. Shares of Research in Motion (RIMM) opened up all the way at nearly $140, hitting a  high today of $140.11, putting the stock up about 5%. And, as if there was a free fall [...]

Keep an eye on these stocks as they trade today:
NYSE Group (NYX) opened down today and is heading near its $100 support level. A fall below on heavy volume could represent the end of the recent establishment above $100 and be a bear flag. Volume on the stock is currently nearing 1 million shares.
Google (GOOG) [...]

Written By: Teresa Appleton Stock Forum ID: Teresa
Wednesday rolled out with a narrow range light volume down day across the broader markets.  A lot of yawning today!  Digestive days are harsh and require a lot of sitting.  Wasn’t a bad day once we found a few gems, just took things forever to move.  However, for [...]

Written By: Teresa Appleton Stock Forum ID: Teresa
Tuesday higher volume closed the broader markets with a mixed outcome.  The Nasdaq 100 and Nasdaq Composite closed red, but well off the lows on higher volume for a distribution day.  The S&P 500 along with the Dow closed green and with an accumulation day.  The Dow was [...]